FFVA Mutual’s 3Q 2021 Financial Results
As we look to the close of another successful year, I am pleased to share FFVA Mutual’s 3Q 2021 financial results for the nine months ending September 30, 2021 along with a 3Q comparison from the prior year.
FFVA Mutual’s 3Q Financial Highlights:
| 2021 | 2020 | |
| Net Admitted Assets | $349.4 M* | $334.2 M |
| Direct Written Premium | $76.9 M** | $76.6 M* |
| Policyholder Surplus | $197.2 M | $176.1 M |
| Net Underwriting Gain | $6.5 M | $5.5 M |
| Net Income | $6.7 M | $4.7 M |
| Net Investment Gain | $6.9 M | $7.4 M |
| Loss Ratio | 44.79% | 47.48% |
| Year to Date Combined Ratio (excluding dividends) | 88.96% | 90.46% |
* Dollars in Millions
** Combined FFVA Mutual and FFVA Select Direct Written Premium
From all of us at FFVA Mutual, we wish you happy holidays and a healthy, successful new year! Thank you for choosing FFVA Mutual for trusted workers’ comp solutions.
Sincerely,
Alan Hair
President & CEO
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